To ask the Secretary of State for Transport, what estimate he has made of the (a) overall and (b) contingency for High Speed 2 (HS2) (i) Phase 1, (ii) Phase 2a, (iii) Phase 2b and (iv) rolling stock in 2015 prices; and what the overall expenditure has been on HS2 on the most recent date for which figures are available.
14 April 2016
The 2015 Spending Review reconfirmed the Government’s commitment to the programme providing a long-term funding envelope of £55.7bn in 2015 prices. A breakdown of this envelope with and without contingency has been provided below:
£'bn, 2015 Prices
To date (2009/10 – 2015/16) the government has spent £1.5bn on the HS2 programme. Please note that actual expenditure data for 2015/16 is pre-audit.